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International General Insurance Holdings (International General Insurance Holdings) Debt-to-EBITDA : N/A (As of Dec. 2023)


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What is International General Insurance Holdings Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

International General Insurance Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.0 Mil. International General Insurance Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.0 Mil. International General Insurance Holdings's annualized EBITDA for the quarter that ended in Dec. 2023 was $0.0 Mil.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for International General Insurance Holdings's Debt-to-EBITDA or its related term are showing as below:

During the past 7 years, the highest Debt-to-EBITDA Ratio of International General Insurance Holdings was 0.09. The lowest was 0.03. And the median was 0.07.

IGIC's Debt-to-EBITDA is not ranked *
in the Insurance industry.
Industry Median: 1.52
* Ranked among companies with meaningful Debt-to-EBITDA only.

International General Insurance Holdings Debt-to-EBITDA Historical Data

The historical data trend for International General Insurance Holdings's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

International General Insurance Holdings Debt-to-EBITDA Chart

International General Insurance Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial 0.06 0.09 0.08 0.03 N/A

International General Insurance Holdings Quarterly Data
Dec18 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A N/A N/A N/A N/A

Competitive Comparison of International General Insurance Holdings's Debt-to-EBITDA

For the Insurance - Diversified subindustry, International General Insurance Holdings's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


International General Insurance Holdings's Debt-to-EBITDA Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, International General Insurance Holdings's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where International General Insurance Holdings's Debt-to-EBITDA falls into.



International General Insurance Holdings Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

International General Insurance Holdings's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

International General Insurance Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Dec. 2023) EBITDA data.


International General Insurance Holdings  (NAS:IGIC) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


International General Insurance Holdings Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of International General Insurance Holdings's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


International General Insurance Holdings (International General Insurance Holdings) Business Description

Traded in Other Exchanges
N/A
Address
74 Abdel Hamid Sharaf Street, P.O. Box 941428, Amman, JOR, 11194
International General Insurance Holdings Ltd is an international specialist commercial insurer and a reinsurer, underwriting a diverse portfolio of specialty lines. The company operates in a portfolio of Energy, Property, Construction, Engineering, Ports and terminals, Financial Institutions, General Aviation, Professional Indemnity, Casualty, Directors and Officers, Political Violence, Forestry, and Treaty Reinsurance. Its operating segment includes Specialty Longtail; Specialty Short tail and Reinsurance. The company generates maximum revenue in the United Kingdom.

International General Insurance Holdings (International General Insurance Holdings) Headlines